Israel - the future of foodservice to 2021 - Verdict Food Service
WEBJun 26, 2018 · In 2016, Israel’s foodservice profit secto r was valued as approximately ILS 25.3 billion (USD 6.6 billion). Between 2014 and 2016, the profit sector’s value grew at a CAGR of 1.1%. However, much of this growth was driven by retail (+3.5%), leisure (+2.6%) and accommodation (+2.9%). In contrast, a number of the restaurant channels ...
McDonalds breakfast: Market is forecast to be worth over $1 …
WEBFeb 21, 2019 · Over the past five years (2013-2018) the value of coffee within the US quick-service restaurant market has grown by around 50%. By 2020, the market is forecast to be worth over $1 billion. Breakfast itself accounts for around a quarter of McDonald’s sales and represent the company’s most profitable segment of the day.
Top Ten Food Service Companies: Market Analysis and Rankings
WEBMay 8, 2019 · The company’s KFC division opened 1,558 new restaurants and accounted for a 46% revenue share in 2018. The Pizza Hut division opened 860 restaurants and contributed 17% of the total revenue, whereas the Taco Bell division opened 309 new restaurants and contributed a 36% revenue share. 5. Darden Restaurants – $8.3bn.
Henderson Foodservice to buy BD Foods in Ireland
WEBEstablished in 1993, BD Foods offers a wide range of frozen and dry goods to the premium foodservice sector across Ireland. The deal is a part of the foodservice company’s future strategy and expansion plans, including a £25m investment in new facilities, staff and business development. “This exciting acquisition is a key milestone in the ...
Skip The Dishes and its parent announce job cuts in Canada
WEBAug 21, 2024 · Prominent food delivery service Skip The Dishes and its parent company, Just Eat Takeaway.com, have announced a significant workforce reduction in Canada, impacting 800 employees. Its CEO, Paul Burns, revealed the layoffs in a LinkedIn post, stating that the decision is pivotal for ensuring sustainable growth and a …
McDonald’s takes the lead on environmental responsibility in QSR
WEBOct 31, 2018 · McDonald’s decision to go above and beyond in its response to customers’ concerns over environmental issues will go a long way in building trust in the brand. McDonald’s has revealed that over 95% of the 1,800 new restaurants in China would be designed to meet the ‘LEED’ and ID+C certification standard issued by the U.S. Green ...
US Foods closes $970m Smart Foodservice Warehouse Stores …
WEBApr 27, 2020 · By GlobalData. The deal closed more than a month after the two companies entered a definitive agreement to execute the transaction. As agreed, US Foods paid $970m in cash as consideration. Established in 1955, Smart Foodservice operates warehouse-format stores that provide restaurant supplies. The company operates approximately 70 small-format ...
KFC rolls out $5 deal to its Taste of KFC menu in US - Verdict Food …
WEBAug 13, 2024 · American fast-food restaurant chain KFC has introduced three new $5 deals to its Taste of KFC menu across the US. The new $5 deal covers KFC Chicken Nuggets, the Famous Bowl with KFC Chicken Nuggets, and a Two-Piece Drum & Thigh combo. The $5 deal complements KFC’s existing value propositions, including the $10 Tuesdays deal featuring eight ...
US Foods to acquire Smart Foodservice Warehouse Stores for $970m
WEBMar 9, 2020 · Foodservice distributor US Foods has signed a definitive agreement to acquire Smart Foodservice Warehouse Stores for $970m in cash. March 9, 2020. US Foods will acquire Smart Foodservice from funds managed by affiliates of Apollo Global Management. Credit: US Foods.
Fast-food brands engage Gen Z audiences with NFTs and online …
WEBNov 30, 2021 · The Gen Z generation is also the most loyal to quick-service restaurant (QSR) brands, with more than half (53%) claiming to visit fast-food restaurants at least once a week according to GlobalData’s Q3 2021 consumer survey. This stands in stark contrast to older generations, where only 20% of Boomers and 11% of Silent Gen report the same.
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